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Sun, December 3, 2023 | 09:33

POSCO 1% Foundation donates $69 mil. over 10 years

POSCO 1% Foundation donates $69 mil. over 10 years

POSCO Group Chairman Choi Jeong-woo, center, applauds with employees during a ceremony to celebrate the 10th anniversary of the POSCO 1% Foundation at POSCO Center in Seoul, Wednesday. The foundation has donated 89.8 billion won ($69 million) over the past 10 years to 303,844 recipients, including the elderly and disabled people, children of multicultural families and young j...

2023-11-08 15:03

Coupang reports record $6.18 billion in Q3 sales powered by Rocket delivery

Coupang reports record $6.18 billion in Q3 sales powered by Rocket delivery

Coupang saw sales increase to an all-time high in the third quarter of this year thanks to the gradual growth of its flagship Rocket Delivery service here and abroad, the e-commerce giant said on Wednesday.

2023-11-08 15:00

Nexen Tire earns 'Green Tire' seal from German magazine, Auto Bild

Nexen Tire earns 'Green Tire' seal from German magazine, Auto Bild

Nexen Tire, a leading global tire manufacturer, said Wednesday that its N’Blue 4 Season 2 tires have received the “Green Tire” seal of Auto Bild, one of Germany’s most prestigious automobile magazines.

2023-11-08 14:07

For deeper business ties between Korea, China

For deeper business ties between Korea, China

Korea Enterprises Federation Chairman Sohn Kyung-shik, fifth from left, poses with Shang Fulin, fourth from left, vice president of the China International Council for the Promotion of Multinational Corporations, at the latter's office in Beijing, Tuesday. Both sides agreed to deepen their bilateral cooperation for global supply chain stabilization and elevate personnel...

2023-11-08 14:06

SK Telecom's Q3 profit jumps 25.5% on robust growth of mobile, enterprise businesses

SK Telecom's Q3 profit jumps 25.5% on robust growth of mobile, enterprise businesses

SK Telecom, Korea's top mobile carrier, said Wednesday its third-quarter net profit jumped 25.5 percent from a year earlier, driven by robust growth of its mobile and enterprise businesses.

2023-11-08 10:43

City Oil Field expands to Malaysia's renewable energy market

City Oil Field expands to Malaysia's renewable energy market

City Oil Field, a Korean company that develops and commercializes technologies for converting waste plastic into high-quality oil, is stepping up its foray into the renewable energy market in Malaysia.

2023-11-08 09:46

Coupang's Q3 profit edges up as active customers exceed 20 million

Coupang's Q3 profit edges up as active customers exceed 20 million

Coupang, one of the leading e-commerce retailers in Asia, said Wednesday its third-quarter net profit inched up, with the number of its active customers surpassing 20 million.

2023-11-08 09:33

BMW Korea distances itself from G-Dragon amid drug-use allegations

BMW Korea distances itself from G-Dragon amid drug-use allegations

BMW Korea appears to be concerned about its tainted brand image after its former brand ambassador, G-Dragon, became mired in an alleged drug-use scandal, according to industry officials, Tuesday.

2023-11-07 16:57

CJ OliveNetworks partners with SAP Korea to develop next-gen enterprise resource planning system

CJ OliveNetworks partners with SAP Korea to develop next-gen enterprise resource planning system

CJ OliveNetworks has joined hands with SAP Korea for the development of its next-generation enterprise resource planning (ERP) system, the two companies said Tuesday.

2023-11-07 16:30

Samsung SDI, Volvo Trucks celebrate cooperation

Samsung SDI, Volvo Trucks celebrate cooperation

Samsung SDI CEO Choi Yoon-ho, left, and Martin Lundstedt, president and CEO of Volvo Group, cut a cake together during a ceremony commemorating the fifth anniversary of cooperation between Samsung SDI and Volvo Trucks at the Samsung Group battery affiliate’s plant in Cheonan, South Chungcheong Province. Samsung SDI, which has been supplying its battery cells to Volvo Tr...

2023-11-07 15:25

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